Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💥 WARNING‼ Something BIG Happening - (Silver Price and Gold Price)

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💥 WARNING‼ Something BIG Happening - (Silver Price and Gold Price) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Today, we have a special guest. Bill Holter is one of the most
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  respected names in the precious metals sector.
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  We're going to talk about the current situation in the world,
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  the monetary, fiscal, geopolitical situation.
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  But importantly, we're going to narrow it down then into what it
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  means for silver and gold, what it means for you as someone who
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  likely stacks silver and gold as a way to protect yourself.
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  Hey, Bill, welcome to Ron's basement.
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  Thanks for helping me, Ron. Yeah.
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  So, so Bill, you know, I handled Lynette Zhang on my show, I
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  don't know, two or three months ago.
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  And I was, when I was talking to her, I said everything feels
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  crazy. And she said, well, things tend
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  to feel crazy right before they break.
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  When you look out at what's going on in the world
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  geopolitically, economically, monetarily, do you feel like
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  we're closer now to the system breaking than other times that
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  you've observed in the past? Oh, yeah, without a doubt.
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  I mean, no matter where you look, whether it be financially,
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  politically, socially, the things that are going on today,
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  even five years ago would have been insanity before 2020.
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  Go back, go back 15 years ago. It's it's bigger insanity.
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  Go back 25 years ago to 1999, two thousand and where we are
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  now, it would be signed today would be science fiction 25
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  years ago. You know, you that you bring up
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  a great point. I hadn't really.
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  Yeah, I guess I've thought about that.
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  But it's true, right? If ten years ago, and I've said
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  this to my audience before that like if I had, if you, if you'd
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  been down here in the basement or Bill, if you'd been here in
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  the basement 10 years ago and, and told me that there'd be a, a
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  war in Europe with the Ukraine, that if you told me what the
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  national debt levels would be at if you told us about the little
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  health crisis that we had back in March of 20, it would have
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  been science fiction, right? Yeah.
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  And on top of that, don't forget the censorship it's going on,
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  trying to shut down any voice of reason or any voice of truth
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  with all the bullshit that is passed off as normal.
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  I mean, this is truly, you know, you heard the story about the
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  frog boiling in the pot. This is truly the frog boiling
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  in the pot. Because there's still a lot of
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  people out there who believe what's going on now is, is
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  normal. And I mean, you can still ask a
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  lot of people. And I do this quite often when
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  I'm talking to someone who really doesn't get it.
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  I ask, do you think the US government or U.S.
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  Treasury is bankrupt? And 95% of the people are going
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  to say, or even more, 95% of the people are going to say, Oh,
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  yeah, they're bankrupt. But it doesn't matter.
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  And you're right, it doesn't matter until it matters.
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  But when it matters, life as we know it is going to be, you
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  know, completely different from where we are now, which is, like
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  I said, many consider where we are now normal.
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  Yeah, it, it feels like, you know, I, I live in suburbia of
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  Saint Louis, right? Kind of a middle, upper middle
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  class area. And most of my neighbors, almost
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  all of my neighbors are just kind of oblivious.
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  It's almost like they, they just believe whatever they hear on
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  the news and they, they, they, it, it does feel like, like you
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  said, like like frogs being boiled in water and have no
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  concern whatsoever for, you know, the national debt or I
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  mean, do you think there's going to be this like big event that
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  will force people to wake up? Oh, absolutely.
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  And it could be any of a dozen or more things that blow up.
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  But yeah, people are going to all of a sudden, boom,
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  understand, when whatever the event is that happens happens
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  within 72 hours, life as we know it will no longer exist.
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  So yeah, it's going to, it's gonna hit somebody over the
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  head. It'll hit people over the head
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  like a 2 by 4. Yeah.
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  Well, you know, I was born in 1970 and throughout my entire
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  life, those paper U.S. dollars, I was, you know, we were or we I
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  was taught and from an early age to believe that they were
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  valuable. Do you think the fact that that
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  the whole system is just credit based on paper, that that that
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  it's like a House of Cards and that when it does start to when
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  something changes, maybe it's a geopolitical event and you're
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  kind of alluded to to that could be on any number of things.
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  Maybe it's a, a financial crisis type event, but but that like
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  people just don't realize that this whole system is totally
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  based on credit and, and, and trust and confidence and that
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  once that changes, that everything could, you know,
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  hypothetically change very, very quickly.
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  Yeah, that's absolutely right. And I was one of the 1st and
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  I've been writing since 2007. I left the country late 2006
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  knowing that O seven O 8 is coming.
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  And I was one of the very first to talk about everything runs on
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  credit. Everything you do every day, all
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  day long. There is a, a credit facility
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  attached to it. Whether you're opening your
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  water faucet, turning the lights on, getting in your car and
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  driving, doesn't matter what you do.
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  There's credit involved. And, and I've used this analogy
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  probably 100 times. There's probably a dozen uses of
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  credit for that one single loaf of bread in the store.
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  They don't have little elves in the backroom that bake bread.
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  I mean, you've got the farmers, they've got to borrow for fuel,
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  borrow for seed, borrow for for fertilizer, then then it's got
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  to be trucked to a silo. The silo uses credit, the
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  truckers use credit, then it gets trucked to a production
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  facility that uses credit, then it gets trucked again to the
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  grocery store, and lo and behold, there's a lot of people
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  that that use their credit card and at this point are wanting
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  balances up just to eat. So yes, everything runs on
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  credit. And once credit ceases, it will
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  not only mess up and destroy the financial world, but it's going
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  to destroy the real economy because nothing will function
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  without credit. And remember credit, and I mean,
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  you could go back to the, the, the, I guess the, the Greek
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  meaning of credit, it's basically confidence without
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  confidence, credit will not be forthcoming.
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  So when confidence breaks, everything breaks.
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  And that's what we're and how what we are and what we have
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  been running on for years and years is pure confidence.
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  If you're looking to buy gold, silver or platinum, do yourself
• 8:02
  a favor and check out Pembex, the online precious metals
• 8:06
  bullion dealer and sponsor of Ron's Basement.
• 8:10
  I was a happy customer before they offered to support the
• 8:13
  channel. You'll find they have the best
• 8:15
  prices, quality and service. I think Pembex is best, and you
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  will too. And be sure to tell him that
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  you're from Ron's basement. So I want to ask you a question,
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  Bill, 'cause as you're saying that, I'm thinking as I zoom out
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  and look at the entire world now, and instead of maybe
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  individuals transacting for loaves of bread, I'm looking at
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  countries interacting with each other.
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  It feels like like that's actually happening on the
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  worldwide stage right now, but that countries are kind of
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  beginning to reject to a certain degree the credit of the United
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  States, right? We have China selling
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  treasuries. We have, you know, that that on
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  a worldwide basis, we're seeing countries move away from that
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  level of trust with each other. Is that is that?
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  Does that make sense? It's not so much trust with each
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  other, it's trust in the United States.
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  Because the dollar is what has settled more trade than any
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  other currency on the planet. Because it's the world's reserve
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  currency. And I mean, if you look at if
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  you want to, you're calling it the lack of, of trust.
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  Half the world or more than half the world at this point no
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  longer trust the dollar. If there was not, if there was
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  complete trust in the United States, there would be no BRICS
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  union. The BRICS would not be in the
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  process of creating their own currency which is is said to
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  going to be 40% gold backed the and I think the the BRICS
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  nations are backing or whatever they final number isn't the like
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  I said the number thrown around now is 40%.
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  That is to, to keep and continue trust of the new currency.
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  And I mean, the dollar has not been backed by gold since 1971,
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  and it really wasn't backed by gold since 1933 because that's
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  when it was interchangeable with dollars.
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  So, so I heard it said once I'm going to get your take on this
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  statement. So I found it very interesting
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  that the BRICS countries don't trust the US dollar.
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  Obviously we have the de dollarization trend that's going
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  on right now. It's.
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  Not the dollar. It's the United States itself.
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  Gotcha. It's not that it's the United
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  States itself. I mean, look what we're doing or
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  what we're we're talking about doing with Russia's 300 billion.
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  The rule of law in the United States is gone.
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  And I mean, nations, nations could see China could see Russia
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  could see, the world could see going all the way back to 2001
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  with the World Trade Center fiasco, which I mean, there's
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  engineers in China, there's engineers in Russia, there's
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  engineers all over the world that know that two planes did
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  not take those buildings down. So that put up, put their
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  antenna up that the US was, was hoisting a farce on the world.
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  And what did we do with that farce?
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  We went into into Iraq and and that had been planned, you know,
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  before the year 2000 to go into the Middle East and what's in
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  the Middle East oil. I mean, the world understands
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  that the pristine rule of law that we had here in the United
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  States that attracted capital for so, so many years is now
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  gone. Yeah.
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  Do you, do you think the, the, the current situation in Europe
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  with Ukraine that there's, there's more to the story than
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  than than is possibly being reported to us on the, on the
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  mainstream news? Oh yeah, of course.
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  Mainstream has never reported on Putin's.
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  I think he's done now 7 or 8 speeches, you know, full length
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  speeches if you read and I, I've urged people to read all of the
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  speeches, but if you only read one, just read the first speech
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  after, you know, after they they began the operation or right
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  before they began the operation. The man is not a crazy man.
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  He sounds logical to me and it sounds like he just wants free
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  and fair trade and he does not want his borders, you know,
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  crashed on by NATO countries. Ukraine is, is a far I mean, go
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  back to 2014. There was a coup and installed
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  basically AUS friendly president Ukraine.
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  I mean if you look at the money that's been sent there, Ukraine
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  is a money laundering operation and it was just AI think three
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  or four days ago Lindsey Graham said the quiet part outs out
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  loud. I mean, he came right out and
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  said, and I forget what it was about.
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  I think it was lithium, 10 trillion or 12 trillion in
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  lithium deposits. I mean, they are are they have
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  vast natural resources and that's, you know, that's what
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  the powers that be are looking at are natural resources and
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  cheap natural resources. So I mean, yeah, Ukraine, the
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  mainstream media lies to us about everything.
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  Why would they tell us the truth about Ukraine?
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  Yeah, it's, it's an interesting developments and I agree with
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  you. You know, I think you have to
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  really, if you want to know the truth, really dig in and and
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  look at both sides of the story. And, and when you do that,
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  there's a completely different perspective.
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  At least that was my experience that I gained when looking not
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  only at what's going on in, in, in Europe with the Ukraine, but
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  the all these previous military, you know, expeditions that it
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  seems like our country's gone on for the last 20 years one after
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  another. And you know it, it does it, it
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  leads a person to feel like really what's going on in the
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  world is a little crazy right now.
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  If we if we, if we take the conversation back to silver and
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  gold, you're a person. I mean, you sell silver and
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  gold. You're a broker, I believe for
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  for miles Franklin. Do you think do you think that
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  silver and gold are are are a good Ave. for individuals for
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  the person who's joining us right now, listening to our
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  conversation to protect themselves, to protect their
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  families against what could be coming down the road.
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  Right. Well, yeah, yeah.
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  I mean, obviously gold and silver, the first reason you
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  want to own them is because they are money.
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  The only monies it cannot bankrupt.
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  Every other currency on the planet is issued by a central
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  bank and backed by the full faith and credit of that central
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  bank. And I mean, if you look at
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  central banks today, pretty much all of them have negative
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  equity. Bank of Japan, the European
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  Central Bank, the US, the Federal Reserve.
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  The Federal Reserve had 65 billion in equity starting 2023
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  and I think their bond portfolio was down or they had losses of
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  155 billion by the end of the year.
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  So technically they were insolvent.
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  The reason you want to own gold and silvers because A, because
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  they can't bankrupt and B, if you hold the metals, it's out of
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  the system. And I don't know, you know, how
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  much you or your audience has looked at the writing, the great
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  taking, but that's absolutely not speculation.
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  Those laws are on the books. They're not going to put laws on
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  the books if they don't intend to use them.
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  And using them basically will mean bailing in all customers
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  monies, whether it's a bank, whether it's a broker, whether
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  it's an insurance company. When you give them money, you're
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  a creditor. You know, you're you're a lender
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  to them. You're not a depositor.
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  It's not yours. Yeah, it's a, it's a interesting
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  world in which we live in now where it seems like everything
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  is based on like we talked about earlier, credit or, or or or not
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  real ownership or assets. And that silver and gold are,
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  are would appear to be like one of the last real avenues that I
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  can see to to actually hold something.
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  Right as I look over. I have a piece of silver there
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  like that's here, that's mine. As long as I'm able to maintain
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  my security of it, I own it. I'm not relying on anybody else.
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  It's it the OR or a promise from anybody else to provide the
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  value that is kind of stored in that ounce of silver?
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  Is that is that an accurate way to look at to look at it?
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  Yeah, that's right. And I mean that when you say
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  that a store of value, I mean it takes real capital, labour and
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  equipment to create an ounce of gold or to create an ounce of
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  silver. All an ounce of gold is or all
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  an ounce of silver is is proof of that labor.
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  Capital equipment has already been used.
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  It can't be diluted. They can't they can't print gold
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  and silver, although they do it on the COMEX.
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  They print contracts and they've used those contracts to suppress
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  and push the pricing down. But once this thing breaks and
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  credit breaks, the pressure on gold and silver is going to be
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  the to the upside because the leverage in the gold and silver
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  market, unlike every other, and I shouldn't say every other
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  market, but every other non commodity market, all of that
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  leverage is, is to the long side.
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  It's on the buy side, whereas all the leverage in gold and
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  silver is on the short side. And when this thing breaks, if,
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  if markets hold together, which I, I really cannot see that
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  happening, I think all markets are going to close.
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  But where the market, the gold and silver markets to remain
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  open, there would be massive buying because I mean, you're
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  looking at 300 ounces of silver sold short on paper for every
• 19:13
  one ounce of silver that exists in in reality.
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  Wow, is that is that the real? I hear different numbers, but as
• 19:22
  far as you're able to to to figure that, that the I mean,
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  it's just astounding to think like that.
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  There's For each one ounce of silver, literally 2 or 300
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  ounces are sold short. Right, Yeah.
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  I mean, you just all you've got to do is look at the the comic
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  soap and interest divided by inventory.
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  You can, you can look at LBMA in London, same thing.
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  And then you've got derivatives on top of the derivatives.
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  So you know, 203 hundred, maybe it may really be two or three
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  thousand, who knows. But the the leverage is to the
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  short side, not the long side. Wow, wow.
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  So, and that, that was another question I had for you is, you
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  know, when I think back to, let's say, when the, when the
• 20:13
  COVID-19 crisis first hit or even just a little over a year
• 20:17
  ago when we had the, the banking crisis of March and April of
• 20:22
  2023. And I remember and you, you're a
• 20:25
  person who's in the industry, but it became very difficult to
• 20:28
  find silver. It seemed like it was it was
• 20:32
  gone quickly. Is that a a precursor for what
• 20:38
  we could experience? But could it even be worse?
• 20:41
  I mean, it seems like with technology now and information
• 20:46
  spreading so much more quickly in people being able to buy
• 20:50
  silver and gold online, that it, it feels like, and I don't not
• 20:54
  trying to scare anybody into running out and buying any
• 20:56
  silver or gold as they're watching this.
• 20:58
  But it seems like that if, if we do hit like this event where
• 21:03
  things do materially change, that it's going to be like all
• 21:08
  the silver and gold are going to be gone like quickly.
• 21:13
  Yeah, it'll be once, once something breaks the inventory.
• 21:17
  I mean, that was a definitely a precursor.
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  I mean, silver became extremely difficult to find and at one
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  point, I think we were taking orders on inbound silver that
• 21:29
  wouldn't arrive for four to six weeks.
• 21:31
  So it was super tight and I mean silver's already in a deficit,
• 21:37
  yet the solar industry is, is growing exponentially.
• 21:44
  And I mean just look at how much silver is in each panel.
• 21:48
  So I mean you've got, you've got demand potential, you know, not
• 21:53
  just from industry, medicinal, technology, etcetera.
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  You will have a huge demand from the retail side, which is what
• 22:04
  happened in 2020-2021. And on top of that you, you do
• 22:11
  have governments that are buying silver.
• 22:15
  India I think for the month of May bought more silver in that
• 22:22
  one month than they had ever bought in any three month period
• 22:25
  of time ever before. So I mean, this is, this is a
• 22:29
  supply and demand equation and supplies not meeting command.
• 22:37
  And what will, what will ultimately snap is that there's
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  going to be a failure to deliver.
• 22:43
  And man being the thinking animal that he is, when you tell
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  a man that he can't have something, he wants it even
• 22:55
  more. Right, right.
• 22:58
  And it is it is it your experience that with silver in
• 23:01
  particular, people generally don't like to buy it when it's
• 23:06
  quote, UN quote on sale right when the price is going down,
• 23:09
  but that that silver buyers tend to jump on as the price goes up?
• 23:17
  Yeah, that's always the case. I mean, humans are momentum
• 23:22
  buyers. Yeah, yeah.
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  And when I and when I think about silver and gold, go go
• 23:27
  ahead. One other thing on that humans
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  are momentum buyers, but fear is a greater emotion than greed.
• 23:38
  So I mean, you could have, you can have momentum buyers, you
• 23:44
  know, buying from the greed aspect, but once there's a
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  reason to pile into gold and silver because things are
• 23:53
  broken, then you'll see a Stampede that's never been seen
• 23:57
  before. That that's when the missing
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  link, which is just, you know, the last, I guess, year or two
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  the, the Western retail investor, I know the ETF have
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  had the ETF have had outflows that but that when that missing
• 24:15
  link shows up. But I think it's important to,
• 24:20
  to, to, to, to realize as silver and gold investors that both the
• 24:25
  silver and the gold price have done very well over the last,
• 24:29
  you know, I guess, you know, three months, six months.
• 24:32
  I mean, we're, we have a pretty good silver price, I think most
• 24:35
  people and a really good gold price right now.
• 24:38
  And that they've done that in the face of higher interest
• 24:42
  rates, which were, you know, in a higher quote UN quote, dollar,
• 24:45
  if you want to call the DXYA measure of the dollar's value
• 24:49
  that the gold and silver had performed very well in the face
• 24:54
  of headwinds that traditionally, again, if we'd gone back five
• 24:57
  years ago. And I said, Bill, the, the, the,
• 24:59
  the Fed's going to raise rates at the fastest pace ever.
• 25:03
  The DXY index is going to be at 1:05.
• 25:07
  I've heard a lot of people say that, that they would have
• 25:09
  thought gold and silver should be actually be much lower than
• 25:12
  where they are now. So the, the good news is that
• 25:15
  gold and silver performed very well against some major
• 25:18
  headwinds. And, and, and one of which is
• 25:22
  also that the demand from Western investors has been
• 25:26
  subdued as well. They're like, if we get Western
• 25:29
  demand picking up and we get lower interest rates and we get
• 25:34
  the dollar going down, who knows where we could go?
• 25:40
  Yeah. The two metrics you mentioned,
• 25:43
  the USDX and also the ETFs, those are complete in my
• 25:50
  opinion, they're completely unimportant.
• 25:52
  And the USDX you're, you're measuring the dollar versus all
• 25:58
  their currencies to your butt. You're measuring one piece of
• 26:01
  shit versus a bigger pile of shit.
• 26:05
  So the USDX index, that's pure paper.
• 26:09
  What's more important is what, what is the, what will your, or
• 26:15
  how much of your currency do you need to buy a cup of coffee or a
• 26:19
  gallon of gas gold. That's the real measurement.
• 26:22
  And as far as the ETFs are concerned, if you look at their
• 26:27
  at their prospectuses, they don't have to hold physical
• 26:31
  gold. I mean, they can hold contracts,
• 26:34
  they can hold futures, they can hold forwards and they can hold
• 26:39
  derivatives on derivatives. So whether you know whether or
• 26:45
  not there's quote an outflow or an inflow, I don't think it
• 26:49
  matters because I don't think they deal in physical metal in a
• 26:54
  big way. And I was on the record back in
• 26:57
  what was it 2003, 2004 saying that the, the GLD and SLV, which
• 27:04
  were the first two ETFs to come out.
• 27:07
  I thought, and I, I believe I was absolutely correct that
• 27:13
  those were pressure valves, if you will, to divert, if you want
• 27:18
  to call it lazy capital because all you had to do was, you know,
• 27:21
  open a brokerage account, point and click and you bought the
• 27:25
  shares as opposed to going through.
• 27:29
  It's not difficult, but there's, there's more involved to buying
• 27:35
  physical metal, having it shipped yourself or stored or
• 27:38
  whatever. And I view that the ETF all
• 27:42
  along and still are pressure valves to divert demand away
• 27:48
  from the real deal and into, you know, paper gobbledygook.
• 27:53
  Yeah, it it, it's interesting you say that because I've had
• 27:57
  that same thought about crypto currencies as well.
• 28:01
  Here in Saint Louis, the local plumbing code requires that if
• 28:04
  you put in a hot water heater, you have to have, there's a name
• 28:09
  for it. It's about the size of a
• 28:10
  basketball, like another little tank that's connected to your
• 28:13
  hot water heater. In case the pressure builds up
• 28:16
  too big, too much in the hot water heater that the the
• 28:19
  pressure gets dissipated into this tank.
• 28:21
  I forget what they're called pressure relief, and I'd never
• 28:25
  heard that. That's interesting you bring
• 28:26
  that up about the ETFs, right? Because right, Of course, if
• 28:29
  they don't have to actually hold the physical metal that it's,
• 28:34
  you know, if if you work off the premise, which I believe, right,
• 28:38
  that the dollar and our gold and silver are kind of the enemy of
• 28:42
  the dollar, that the powers that be don't want all that money
• 28:48
  going into physical gold and silver, that those relief valves
• 28:53
  are there to kind of siphon money away from.
• 28:55
  But at some point, doesn't the physical market eventually win
• 29:00
  Bill? Well, yeah, and I think that is
• 29:04
  happening. You're already seeing the
• 29:06
  Shanghai exchange, which is mostly a cash.
• 29:09
  It's, you know, cash and carry exchange.
• 29:12
  It's a physical exchange. I mean, they're, they're trading
• 29:17
  at a premium over paper, so that there's, there's a premium over
• 29:23
  the COMEX and a premium over LBMA.
• 29:26
  And what's happening is with that higher price, it's a
• 29:30
  guaranteed profit via arbitrage. So you're seeing buying in the
• 29:35
  West, shipping it to China and being sold there and locking in
• 29:40
  a guaranteed profit. Wow.
• 29:43
  Wow. It's a it's, it's just crazy.
• 29:46
  What is what, what, what what we could see transpire within the
• 29:51
  next 10 years. It's gonna be interesting.
• 29:52
  It's gonna be an interesting ride.
• 29:54
  Bill, on behalf of myself and the viewer who joined us, I
• 29:58
  wanna say thank you. If people want to learn more
• 30:02
  about you or get in touch with you, what's the what's the best
• 30:05
  Ave. for that? Yeah, you can go to my website.
• 30:10
  It's just Bill holter.com. There is a contact button if you
• 30:14
  want to contact me. If you want to contact me
• 30:17
  directly, my business e-mail is PHOLTER at proton dot me.
• 30:25
  OK, and I'll, and I'll put that in the video description, the
• 30:29
  links as well for our viewer if they want to reach out and, and,
• 30:33
  and get in contact with you. Is there anything I forgot to
• 30:36
  ask you about Bill or anything you want to mention before we
• 30:39
  before we sign off? Well, we could do this obviously
• 30:44
  for hours and hours, but I mean, I would just say, I would say to
• 30:49
  the average person, you need to take care of yourself because no
• 30:54
  one else is going to do it for you.
• 30:56
  And if you're a believer that the government's here to help
• 30:58
  you, well, good luck. Buy silver and gold.
• 31:04
  That's a good first step as well.
• 31:05
  I'll throw that one in there. It's only one step though.
• 31:11
  There's all kinds of steps. Yeah, yeah.
• 31:13
  All kinds of things that that we can do food community, right and
• 31:18
  and things along that line. Right.
• 31:22
  The other precious metal being a lead and you got to be able to
• 31:25
  protect your position. You know, at some point, some at
• 31:30
  some point, if you want, we could do a, you know, a a
• 31:35
  prepping type checklist. OK, that would be awesome.
• 31:39
  I know that for the viewer that joined us today, they got a lot
• 31:43
  out of listening to you talk about that, but that would be
• 31:45
  great. Maybe in three or four weeks
• 31:48
  I'll I'll reach out as again and we can get together.
• 31:51
  That would be and I think I would benefit from that because
• 31:55
  I think I like a lot of the viewers.
• 31:56
  I'm living more in the suburbia setting, so to hear some ideas
• 32:00
  on other things outside of precious metals that a person
• 32:04
  needs to do could be provide a lot of value to our viewers.
• 32:09
  Yeah, on my website there is a, an icon box up top called
• 32:14
  Grizzlies Corner. It's written by a guy who used
• 32:20
  to go into the the, the dark lands of Idaho for six months at
• 32:26
  a time with a mule team and come out, you know, no worse for
• 32:30
  wear. So he's written a bunch of stuff
• 32:32
  that's a very good resource. I think early on he put up a, a
• 32:37
  checklist of, of, you know, things you need to do.
• 32:40
  So that's, I mean, you could probably spend an hour, two
• 32:43
  hours on that alone. And if you followed his links,
• 32:47
  you could probably spend, you know, a month or more digging
• 32:51
  into it. So Grizzly's Corner is a good is
• 32:54
  a very good resource for people who are looking to prepare.
• 32:59
  Be prepared. Sounds good, Bill.
• 33:01
  Well, we'll look forward to seeing you next time.
• 33:03
  Thank you again and and thanks to our viewer for for joining us
• 33:08
  and we'll talk to you soon. Thanks for having.
• 33:13
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